Forward Industries (NASDAQ: FWDI), a Solana-focused digital asset treasury company, announced it is set to join the Russell 2000 Index and Russell 3000 Index following the Russell indexes' semi-annual reconstitution, effective after the U.S. market opens on June 29, 2026. The company stated that this inclusion is expected to expand its shareholder base, improve trading liquidity, and increase visibility among institutional investors.
Forward Industries is a Solana treasury company that focuses on buying, holding, staking, trading, and investing in SOL and SOL-related digital assets, protocols, and businesses. The company's mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with the Solana network, developers, and related projects. In connection with a private placement transaction in September 2025, Forward launched its digital asset treasury strategy with support from industry-leading investors and operating partners including Galaxy Digital and Jump Crypto.
Inclusion in the Russell indexes is a significant milestone for Forward Industries, as it often leads to increased demand from index funds and ETFs that track these benchmarks. This can result in improved liquidity and a broader investor base. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market, while the Russell 3000 Index captures the performance of the 3,000 largest U.S. companies.
For more information on Forward Industries and its Solana treasury strategy, visit forwardindustries.com. The latest news and updates relating to FWDI are available in the company's newsroom at https://ibn.fm/FWDI.
